What is licify.ai?
Founded in 2017 and headquartered in Bogota, Colombia, Licify.ai operates as a specialized B2B marketplace and procurement platform. The company addresses systemic inefficiencies in the real estate sector by digitalizing the quotation, purchase, and qualification processes between builders, developers, and service providers. By centralizing these fragmented workflows, Licify.ai provides a unified ecosystem that enhances transparency, reduces operational overhead, and fosters stronger commercial relationships within the built environment. Its market position is defined by its ability to bridge the gap between traditional construction practices and modern digital procurement standards.
How much funding has licify.ai raised?
licify.ai has raised a total of $3.4M across 1 funding round:
Angel/Seed
$3.4M
Angel/Seed (2023): $3.4M with participation from Dash Fund, Brick & Mortar Commercial, and G2 Momentum Capital
Key Investors in licify.ai
Dash Fund
Dash Fund is a venture firm focused on supporting the next generation of innovative FinTech founders, providing both capital and mentorship to category-defining startups.
Brick & Mortar Commercial
Brick and Mortar Ventures specializes in investing in software and hardware solutions that disrupt the architecture, engineering, and construction industries.
G2 Momentum Capital
G2 Momentum Capital is an investment firm dedicated to early-stage technology startups led by entrepreneurial teams within Spanish-speaking Latin America.
What's next for licify.ai?
With this major enterprise-level funding, Licify.ai is poised to scale its operations and deepen its product integration. The strategic roadmap likely involves expanding its footprint in key regional markets and enhancing its data-driven procurement tools to support larger-scale construction projects. By focusing on high-growth segments of the real estate industry, the company aims to capture a larger share of the procurement market, ultimately driving greater efficiency for its growing user base. Future growth will likely be characterized by increased adoption of its automated qualification features and the potential for further vertical integration within the construction supply chain.
See full licify.ai company page